ANTI-MONEY LAUNDERING (AML): LEGAL SUPPORT AND COMPLIANCE ✅ GENERAL ✅ SERVICES

Lawyer’s actions:

analysis of the client’s business model;

determination of regulated entity status (FCA, HMRC, professional bodies);

preliminary AML risk assessment;

identification of applicable legislation (UK MLR 2017, POCA, TACT).

Lawyer’s actions:

review of existing AML / KYC policies;

analysis of customer due diligence (CDD / EDD);

assessment of transaction monitoring processes;

review of internal controls and reporting lines;

preparation of an AML audit report.

Lawyer’s actions:

drafting an AML Policy;

development of KYC / CDD / EDD procedures;

creation of a Risk Assessment Framework;

establishment of Suspicious Activity Reporting (SAR) procedures;

preparation of a Staff AML Training Policy.

Anti-Money Laundering (AML): Legal Support and Compliance

Anti-Money Laundering (AML) refers to a set of legal, organizational, and financial measures aimed at preventing the illegal use of the financial system to conceal or move unlawfully obtained funds. Today, AML requirements apply not only to banks but also to financial companies, businesses, crypto projects, brokers, real estate agents, and other entities subject to financial monitoring obligations.

Money laundering is closely linked to crimes such as fraud, corruption, drug trafficking, and terrorist financing. Failure to comply with AML regulations may result in significant fines, account freezes, reputational damage, and even criminal liability.

Why AML Compliance Is Essential for Businesses ?

The primary goal of AML procedures is to identify, prevent, and report suspicious financial transactions. Anti-money laundering legislation requires companies to act as “gatekeepers” of the financial system by ensuring transparency and reducing the risk of illegal activity.

A properly structured AML system helps businesses:

minimize regulatory and reputational risks;
avoid penalties imposed by supervisory authorities;
increase trust among partners and clients;
ensure stable operations in an international environment.

Key Stages of Anti-Money Laundering

Customer Identification and Due Diligence (KYC)

Companies must verify customer identities, identify beneficial owners, and assess the risk level associated with each client.

Transaction Monitoring

Ongoing monitoring of financial transactions to detect unusual or suspicious activity.

Reporting Suspicious Activity

If potential money laundering risks are identified, the company must report the transaction to the relevant authorities in accordance with legal requirements.

Risk Management

Development and implementation of internal policies, procedures, and control mechanisms to identify, assess, and mitigate AML risks.

Recommendations for an Effective AML System

To ensure compliance with anti-money laundering regulations, businesses are advised to:

regularly update AML policies and internal procedures;
provide staff training on financial monitoring and risk detection;
use advanced technologies, including automated monitoring and data analytics;
engage legal professionals to review and audit AML processes;
cooperate with regulators and law enforcement authorities.

How the “Consultant” Legal Marketplace Can Help

Lawyers on the Consultant legal marketplace have extensive practical experience in AML, financial monitoring, and compliance. We support businesses across various industries by:

drafting and implementing AML policies;
conducting legal audits of existing procedures;
advising on KYC requirements and risk management;
assisting during regulatory inspections;
providing legal support in complex and non-standard situations.

Conclusion

Submit a Request on the “Consultant” Marketplace

Our lawyers are ready to assist you with anti-money laundering compliance, AML procedures, and a wide range of other legal matters. Request a professional consultation today and protect your business with confidence.

Secure Transaction

As a Client, you are freed from all financial risks when collaborating with Contractors, as the payment amount is reserved by our service and is paid to the Contractor only after receiving confirmation from you about the completion of the stage.

If the service is not provided, the funds are returned to you. The service takes on all financial risks and acts as a guarantor and custodian of funds, and in case of disputes between the parties, acts as an independent Arbitrator.

Your money is in safe hands!

Reviews
From Real Users

Marina S.

22.12.2025

“I received a consultation on customer due diligence and transaction monitoring. Everything was explained clearly and understandably. It takes a bit more time to implement all the recommendations, but the results are noticeable.”

Oleksandr P.

06.10.2025

“The lawyers at Consultant helped us implement a fully compliant AML system for our company. All procedures are set up, staff trained, and risks minimized. Very impressed with the team’s professionalism!”

Dmytro K.

08.09.2025

“‘Consultant’ truly knows how to protect businesses from money laundering risks. They helped prepare documentation and train our team. I am impressed by the speed and quality of their work.”

Kateryna L.

01.09.2025

“The lawyers’ consultation was very detailed. We received a clear action plan and practical advice on monitoring and reporting. Professionals in their field!”

Andriy M.

“After working with Consultant, we feel completely protected from financial risks. All AML requirements are met, employees are trained. Highly recommend their services!”

Yuliya V.

“I received a comprehensive review of AML policies and recommendations for improving processes. Everything is clear and practical, though implementing some changes took additional time.”